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iShares
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- 1Citi lifts Bitcoin price target to $113,000▼Citi (C.US) raises Bitcoin price target to $113,000; ETF (IBIT.US) fund flows show divergence
Citi has raised its Bitcoin price target to $113,000, while noting a divergence in fund flows into the iShares Bitcoin Trust ETF, with inflows and outflows moving in different directions across investor groups. The call gives bulls a fresh reference point and is drawing attention to whether institutional ETF demand can sustain Bitcoin's momentum.
- 2
Discussion is centring on TLT, the iShares 20+ Year Treasury Bond ETF, one of the most widely traded ways to gain exposure to long-dated US government debt. Traders and investors are weighing what moves in long-term Treasury prices and yields signal about interest rate expectations, inflation and the broader market outlook.